Silver Rally Runs Into Roadblock as Margins Rise, Warnings Mount
Silver futures opened lower after the CME Group announced that it was raising margins for Comex contracts following a rally to an eight-year high that was inspired by an army of retail investors.
Bloomberg · 02/01 23:38
Speculation Swirls Over Exactly Who Is Behind Silver’s Run-Up
As silver futures surged to the highest level in almost eight years, traders are still trying to solve a mystery: Who penned the Reddit posts that ignited this staggering run-up in prices -- and why were they taken down?
Bloomberg · 02/01 19:02
The Reddit Frenzy Has Already Quadrupled Silver’s Options Volume
The silver options market, normally a quiet zone compared to gold or oil, has burst to life, roiled the most in years by the Reddit frenzy.
Bloomberg · 02/01 18:47
Billions on the Move in ETF Land Show Scale of Stock Rotation
For all the talk of a comeback for big tech shares in January, tracking the cash shows the rotation into riskier names not only continued -- it got stronger.
Bloomberg · 02/01 18:35
In Silver, Redditors Find a Fit for Raging Against Establishment
It seems a match made in heaven: Reddit’s rambunctious army of retail investors eager to take on the financial elites, and the world of silver “bugs,” hard-core metal bulls, many of whom have long argued the price was being suppressed by powerful forces.
Bloomberg · 02/01 16:26
Goldman Tightens Golden Handcuffs for a Booming Trading Desk
Bloomberg · 02/01 13:02
GameStop Holds Onto Gains With Curbs Easing on Reddit Favorites
GameStop Corp. and other Redditor favorites including AMC Entertainment Holdings Inc. held onto January’s gains, rising further in early trading as brokerage trading restrictions continued to ease.
Bloomberg · 02/01 09:24
Global Stocks Rally; Silver Jumps to 2013 High: Markets Wrap
Global stocks and U.S. futures climbed as concern over volatile retail trading receded and China took steps to ease a cash crunch. Silver crossed $30 an ounce for the first time since 2013 in a Reddit-fueled frenzy.
Bloomberg · 02/01 08:35
Citadel’s Silver Bet Exposes Rifts in the WallStreetBets Army
Ken Griffin’s Citadel has once again found itself at the center of a WallStreetBets drama, this time over the firm’s holdings of silver.
Bloomberg · 02/01 08:29
Silver Spikes at the Week’s Open as Reddit Hordes Pile In Again
Silver surged at the week’s open, with futures topping $29 an ounce within minutes, as the the Reddit-inspired frenzy that roiled stock markets last week spills over into commodities.
Bloomberg · 01/31 23:58
A Reddit Army Descends on Hedge Funds Chained by Risk Models
A hellish week for hedge funds will be remembered for how much damage Reddit traders caused by chasing a handful of the most-shorted names in the $43 trillion U.S. stock market.
Bloomberg · 01/30 21:00
‘Like a Drug’: Redditors’ Stock Mania Fueled by Gambling High
The absurdist morality tale over the unalienable right of Redditors to pump up meme stocks and punish Wall Street has obscured a more reckless impulse.
Bloomberg · 01/30 12:30
How to Find the Next Moonshot Stock, According to ‘Roaring Kitty’
Keith Gill, the man who inspired the infamous GameStop trade, says value investing isn’t dead, and shoots for 100% in annual returns.
Bloomberg · 01/29 21:12
Crypto Entrepreneurs Seize on Reddit Revolt Ethos to Sway Users
Crypto entrepreneurs are moving quickly to launch products to emulate the adrenaline-charged rush that lured many in the WallStreetBets crowd to stock markets.
Bloomberg · 01/29 20:01
Hedge Fund Pressure Lingers With Short Sellers’ Targets Rallying
Trades associated with hedge funds were under pressure again in Friday’s stock selloff, though with less intensity than earlier in the week.
Bloomberg · 01/29 19:09
The GameStop Drama Just Cost One ETF Almost 80% of Its Assets
As the GameStop Corp. saga continues to play out in markets, the drama has now cost what was an $800 million exchange-traded fund nearly 80% of its assets.
Bloomberg · 01/29 17:20
Reddit Crew May Find Commodities Harder After Roiling Silver
Signs that the silver market was about to get hit by a GameStop-style short squeeze emerged Wednesday.
Bloomberg · 01/29 15:38
Biden Era Begins on Bearish Note as Emerging-Market Rally Stalls
Bloomberg · 01/29 15:08
Ark Mania Finally Fading After GameStop Fever Sweeps Wall Street
With all Wall Street eyes on GameStop Corp., a months-long obsession with Cathie Wood’s Ark Investment Management is finally showing signs of easing.
Bloomberg · 01/29 14:53
Silver Market Jitters Are on Display After Reddit Frenzy
Silver prices were whipsawed again, suggesting the market remains on high alert after a push by Reddit posters to create a short squeeze sparked sharp moves Thursday.
Bloomberg · 01/29 10:00
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